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2. India attempts to revive farm reforms, unveils draft policy

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PTI05 02 2024 000195B
Credit: Business Line

Context:

The Centre unveils the draft National Policy Framework on Agricultural Marketing so that farmers can find their market of choice and secure the highest price for their produce.

Key Highlights:

The policy envisages introducing reforms in agriculture against the backdrop of farmers’ protests demanding the legalization of Minimum Support Prices (MSP).

  • The said policy should therefore be constructed to constitute an ecosystem of efficient marketing, with inequalities held through multi-channel marketing and transparency with infrastructure in place as well as innovative digital technology along with agri-value chain-based marketing.
  • Open to public feedback until December 10 by the Centre.
  • Consultations shall determine how an existing procurement system under MSPs shall be achieved.
  • This policy also anticipates a further integration of more numbers of markets – collection centers, aggregation points, private markets, deemed markets, GrAMs, FPO premises, Common Agribusiness Centre and Market Place (CACMP) premises, and APMC markets (mandis) with an eNAM portal.

Source: Business Line

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